Loan Modification Forum - LoanSafe.org - View Single Post

revcarrie · 11-19-2008, 04:48 AM

garyys,
If you watch the news, more and more pressure is being added to the lenders to the point that Mr. Paulson Sec of Treas. said yesterday that he doesn't want to do anything else with the remaining of the 750 billion dollar bailout and is going to leave 350 billion to the Obama people. (Note the number discrepantcy here, there has been 250 billion used out of 750 billion and Paulson is going to leave the "remainder 350 billion to Pres. Obama and his team. There is some fuzzy math here and Mr. Paulson is not looking particularly well right now.) Paulson can't seem to satisfy his Wall Street cronies and do what is right by the general public too. The companies won out so far. His loyalities have been the companies before he became the Sec. of Treasury. He can't take the heat so he is "floating" until the Bush Adm. leaves office....at least he THINKS he can do that! Congress is taking testimony and no one out here and on our side is setting still for this any more. I'm so proud to be an American right now. There is a back bone showing up in our country and on an individual level. Keep up the good work and keep going. What alternative do you or any of the rest of us really have? What do you have to lose either? ...that you didn't have to lose in the first place?
revcarrie

11-19-2008, 04:48 AM	#15 (permalink)
revcarrie Senior Member Join Date: Oct 2008 Posts: 114 Nominated 0 Times in 0 Posts TOTW/F/M Award(s): 0	Re: Mortgage companies and H4H success! garyys, If you watch the news, more and more pressure is being added to the lenders to the point that Mr. Paulson Sec of Treas. said yesterday that he doesn't want to do anything else with the remaining of the 750 billion dollar bailout and is going to leave 350 billion to the Obama people. (Note the number discrepantcy here, there has been 250 billion used out of 750 billion and Paulson is going to leave the "remainder 350 billion to Pres. Obama and his team. There is some fuzzy math here and Mr. Paulson is not looking particularly well right now.) Paulson can't seem to satisfy his Wall Street cronies and do what is right by the general public too. The companies won out so far. His loyalities have been the companies before he became the Sec. of Treasury. He can't take the heat so he is "floating" until the Bush Adm. leaves office....at least he THINKS he can do that! Congress is taking testimony and no one out here and on our side is setting still for this any more. I'm so proud to be an American right now. There is a back bone showing up in our country and on an individual level. Keep up the good work and keep going. What alternative do you or any of the rest of us really have? What do you have to lose either? ...that you didn't have to lose in the first place? revcarrie